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India fetes Tatas Jaguar buy but analysts see bumpy road ahead
Mar 27 2008, Desh

India on Thursday revelled in Tata Motors’ purchase of British luxury motoring icons Jaguar and Land Rover even as analysts warned the 2.3-billion-dollar buy could hit the firm’s bottom line.

“Jaguar is now an Indian beast,” said the Times of...

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Redcar:

A general view of the Corus steelwork plant at Redcar, England Monday, Jan. 26, 2009. Steel giant Corus said Monday that it will cut 3,500 jobs around the world, with 2,500 jobs going in Britain alone, in an attempt to shore up its finances which have..

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